Manchester United: The business of soccer

• Coach stock surges after earnings

  Coach is back in the game! Shares of the luxury handbag maker jumped 10% Tuesday after the company blew past earnings and revenue expectations thanks to solid sales growth around the world.

  Overall revenue climbed 7% during the fiscal third quarter to $1.19 billion, with sales rising 7% in North America and 6% in international markets. Sales in China were among the strongest, climbing a whopping 40%.

  "We're pleased with...the progress we're MORE

  Hibah Yousuf - Apr 23, 2013 12:01 PM ET
  Posted in: China, Coach, earnings, luxury, market, michael kors, Netflix, ralph lauren, retail, revenue, sales, stock, vera bradley

• First Solar surges 50% on sunny guidance

  First Solar shares spiked more than 50% Tuesday, rising to a new 52-week high and triggering several circuit breaker on the way up after the company issued a bullish forecast for the year.

  The solar panel maker said it expects to earn between $4 and $4.50 per share, with annual sales between $3.8 billion and $4 billion. The guidance was well above analysts forecasts. Those polled by Thomson Reuters have been MORE

  Hibah Yousuf - Apr 9, 2013 3:31 PM ET
  Posted in: China, earnings, First Solar, guidance, outlook, revenue, short, squeeze

• Investors switch off Cisco

  Anyone can reinvent themselves as the saying goes. While Cisco has been doing just that, some think it's gotten a little too ambitious.

  FBR Capital Markets analyst Scott Thompson downgraded the stock Thursday to underperform and slashed his price target to $17 from $22.

  "We expect it may take longer than management expects to create organic software growth that is able to offset declining core routing and switching revenues," said Thompson in his MORE

  Catherine Tymkiw - Mar 21, 2013 1:49 PM ET
  Posted in: Cisco, cnnmoney, downgrade, investors, price target, rating, revenue, routers, stock, StockTwits, switchers

• Facebook investors react ... on Twitter

  Facebook beat fourth-quarter earnings and revenue estimates, and improved mobile ad sales, but investors weren't all that impressed.

  Facebook (FB) stock tanked 10% within minutes in after-hours trading following the earnings release. But the stock nearly fully recovered before edging lower again as CEO Mark Zuckerberg, CFO David Ebersman and COO Sheryl Sandberg answered questions from analysts on a conference call. Shares were down 4% at the conclusion of the call, MORE

  Hibah Yousuf - Jan 30, 2013 6:50 PM ET
  Posted in: advertising, earnings, FaceBook, Mark Zuckerberg, mobile, revenue, sales, social network, Twitter

• Dimon: Solve fiscal cliff, U.S. economy will soar

  JPMorgan (JPM) CEO Jamie Dimon says the U.S. economy is poised to boom if Washington lawmakers can strike a deal to avoid the fiscal cliff.

  But of course, that's a really big "if."

  "I don't know the odds," said Dimon, speaking at a conference Wednesday hosted by The New York Times' Dealbook. "We could go off the fiscal cliff, and it may not be as big of a deal as people MORE

  Hibah Yousuf - Dec 12, 2012 10:19 AM ET
  Posted in: economy, entitlement, fiscal cliff, GDP, housing, jamie dimon, jobs, JPMorgan Chase, revenue, spending, taxes, unemployment rate

• Abercrombie & Fitch making a comeback as stock surges 30%

  Abercrombie & Fitch's stock surged more than 30% Wednesday, logging the biggest one-day jump since its stock market debut in 1996.

  The big move came as the teen retail giant posted its first quarter of year-over-year profit growth in a year. For the three months ended Oct. 27, Abercrombie earned $71.5 million, or 87 cents per share, up 40% from a year earlier. Overall revenue rose 9% for the quarter to MORE

  Hibah Yousuf - Nov 14, 2012 12:16 PM ET
  Posted in: Abercrombie & Fitch, asia, China, covering, earnings, international, retail, revenue, sales, same store sales, short, sqeeze, stock

• Ford and GM rev up after earnings

  Ford and GM rallied Wednesday after both automakers topped third-quarter earnings forecasts, despite soaring losses in Europe.

  Shares of Ford (F) climbed more than 5%, as the company's record profit of $2.3 billion in North America helped offset its $468 million loss in Europe, bringing losses in Europe so far this year to just over $1 billion.

  Meanwhile, General Motors (GM), the largest U.S. automaker, reported a third-quarter profit that trounced analysts' estimates. Though MORE

  Hibah Yousuf - Oct 31, 2012 1:12 PM ET
  Posted in: autos, cars, China, earnings, economy, Europe, Ford, GM, revenue, sales, StockTwits, u.s.

• New York Times stock tumbles on weak ad sales

  The New York Times Company's stock plummeted Thursday, after the company reported a surprise third-quarter loss, driven by a 9% decline in advertising revenue.

  Print ad revenue sank more than 10%, while digital ad sales fell 2% "largely due to the challenging economic environment," and a "complex and fragmented digital advertising marketplace," the company said, adding that it expects the trend to continue during the fourth quarter.

  The weakness in ad sales resulted MORE

  Hibah Yousuf - Oct 25, 2012 4:45 PM ET
  Posted in: ad sales, advertising, ceo, digital, earnings, loss, media, new york times, newspaper, print, profit, revenue, sales

• Facebook stock jumps 19% - best gain since IPO

  Facebook's stock surged more than 19% Wednesday, marking its best one-day gain since the company went public by far, as investors welcomed a healthy boost in sales.

  The social media giant delivered third-quarter sales of almost $1.3 billion when it reported earnings after the closing bell Tuesday. That's up 24% from a year earlier.

  In particular, investors were impressed by Facebook's ability to earn about $150 million from mobile, accounting for 14% MORE

  Hibah Yousuf - Oct 24, 2012 4:01 PM ET
  Posted in: advertising, common stock, earnings, FaceBook, LinkedIn, Mark Zuckerberg, mobile, restricted stock units, revenue, social media, stock, Yelp, zynga